TRON News

Tron (TRX) Might See the Possibility of Swing Trade

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The total number of transactions of TRX has reached 667 million, which is definitely outstanding. However, whether it might help grab the attention from the potential investors or not, is a real deal here.

Yesterday, TRX was initially seen trading at $0.0169 at 00:03 UTC. The price of TRX from then slightly dropped by 3.32% at 06:32 UTC, trading at $0.01639. The value then escalated to the highest touch point of $0.01708 marking an increase of 4.22% at 15:14 UTC.

Today, the value dropped by 8.28% to the lowest point in the said time frame seen at 00:06 UTC, trading at $0.01566. However, the current trading value of TRX is slightly increased by 2.41%.

TRX is currently inclined towards the lower price range. Potential investors can take advantage of this situation to earn returns soon. Speaking of the short-term prognosis, it might offer some returns, having hit the trade decision at the highest and lowest point in the above chart.

The resistance and support levels are calculated as follows:

Resistance Levels:

R1: $0.016768, R2: $0.017456, R3: $0.017799

Support Levels:

S1: $0.015394, S2: $0.015394, S3: $0.014706

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